The Corona Crisis And My Watch List
I don’t know how you guys feel about all this Corona drama at the moment, for me it is a massive overreaction of the media and especially of the politicians and it is quite a pain to watch my portfolio shrinking on a daily basis at the moment. But on the good side you can make some decent deals at the moment. So my watch list gets longer each day….
Current Watch List
I do not want to name each company separately, but more or less there are only companies, which are already in portfolio. With Genuine Parts Company (GPC) there is also a Dividend King on my list. Some of stocks mentioned in that table are even on a price level which they had during the financial crisis, like ExxonMobil (XOM) and most of them are on a price level of 2014 to 2015. So I do not know how low it will go in the next weeks, that’s why I developed a 12 week plan, which started last week and where I want to invest around 11 000 EUR. This week I probably will add some WFC and maybe PRU.
The great thing about this is that I would generate a yield of 5.8%, and I think the yield will be even higher in the coming weeks.
I really hope that this corona shit finally stops soon, and I am not talking about the virus. The virus is now there will stay but the real danger is the behavior of the humans and how they handle the crisis and this will cause real problems to economy and not the virus.
Hope everyone keeps calm and sees the sudden drop as good investment opportunity. We now do finally have the prices we wanted to have for our investments and looking at some of them they really look like lifetime deals :).
Disclaimer: I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in ...
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